-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...
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89% of people excluded from Assam NRC suffering from mental torture, finds survey
-The Hindu They are unable to cope with the fear of deportation, separation from family members, it says. Guwahati: About 89% of the more than 41 lakh people excluded from Assam’s National Register of Citizens (NRC) have been suffering from extreme mental torture because of the fear of being marked as a foreigner and its consequences, a survey by the National Campaign Against Torture (NCAT) has revealed. The NCAT had conducted a field...
More »IAS officer Kannan Gopinathan resigns over 'lack of freedom of expression' -SR Praveen
-The Hindu “We got into the service thinking that we can provide voice to people, but then we ended up with our own voice being taken away from us,” said the Kerala-born IAS officer THIRUVANANTHAPURAM: IAS officer Kannan Gopinathan from the AGMUT cadre, who came into the limelight for his anonymous participation in the flood relief efforts in Kerala last year, has resigned from service. The officer, who has been serving as...
More »Is the current slowdown cyclical or structural? -Deepti Mathew
-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP growth rate for the first quarter of FY20 is feared to be lower than...
More »Economic growth problem: It's time now for Modi-II to undo the damage -TN Ninan
-Business Standard Aiming for unachievable growth rates would compound past errors. The economy has to lower its sights, and do some hard thinking about how to come out of the present hole, writes T N Ninan There is a general sense that the economic growth problem came upon us suddenly in the last few months. In some ways, it did — for example, through the continuing fallout of the collapse 11 months...
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